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Fly News Breaks for August 2, 2018
WIRE
Aug 2, 2018 | 08:23 EDT
DA Davidson analyst Brent Thielman raised his price target on Encore Wire to $60 and kept his Buy rating after its Q2 results. The analyst cites the positive catalyst expectations for the company as accelerating volumes and commodity price recovery, along with limited competition in aluminum and strong balance sheet supporting capital deployment opportunities.
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